PPP Loan information for Indu inc

$62,127

Indu inc was initially approved for PPP Loan of amount $62,127, the current approved amount is $62,127. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $62,127 was used to fund payroll.

Indu inc is New Business or 2 years or less

PPP Loan Search / NJ / RANDOLPH / Indu inc

INDU INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INDU INC

Borrower Address

375 ROUTE 10 EAST

Borrower City

RANDOLPH

Borrower State

NJ

Borrower Zip

07869

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62127.00

Current Approval Amount

62127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RANDOLPH

Project County Name

MORRIS

Project State

NJ

Project Zip

07869-1000

CD

NJ-11

Jobs Reported

11

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62127.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62761.89

Forgiveness Date

05/13/2021

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